Equity Release Specialist Kent – We will discuss with you face to face your financial circumstances to gain a clear understanding of your financial needs and priorities for your later life.
Our Services
We offer lifetime mortgages, equity release products and home reversion schemes from the whole market.
We will discuss with you your personal and financial circumstances so we can assess your needs and objectives. We are happy to meet you in your home or you can attend meetings at our offices in West Wickham.
Options available with a lifetime Mortgage:
A Lifetime Mortgage is secured against your home like a standard mortgage. You retain full ownership of your home and any interest on the loan can be paid as you go along or rolled up with nothing to pay until the end. You have the right to remain in your property for life or until you need to move into long-term care
You can choose to pay interest regularly if you wish, or you can choose to let the interest roll up.
Early repayment charges do not apply if you have died or move into a care home.
You can pay ad-hoc payments to reduce the debt if you wish.
Lenders who are members of the Equity Release Council fix the interest rate or cap variable rates for the life of your lifetime mortgage.
You can move to another property subject to the new property being acceptable to your product provider.
Lenders who are members of the Equity Release Council have a no negative equity guarantee.
If you do not take the maximum loan initially, you may be able to request more money later without needing financial of legal advice.
You have the right to remain in your property for life or until you need to move into long-term care.
Why you might consider a lifetime mortgage:
Clear an outstanding mortgage
To enable you to stay in your home
Top up day to day living
Paying for help around the home, including domiciliary social care
Pay off debts
Carry out essential repairs on your home
Take a dream holiday
Buy a new car or caravan
Help your family financially